News & Resources
Paul Kronlage was recently awarded the Outstanding Volunteer Fundraiser award
FCT Executive Vice President & CFO, Paul Kronlage was recently awarded the Outstanding Volunteer Fundraiser award from the Association of Fundraising Professionals (AFP) Greater Tri-State Chapter. Paul has been involved in many non-profit organizations throughout...
Ascentra Credit Union CEO Linda Andry Added to First Community Trust Board of Directors
Quad Cities Area Leader to Join Board IOWA – First Community Trust, N.A. (FCT), a nationally-chartered trust company headquartered in Dubuque, recently announced the addition of Ascentra Credit Union President and Chief Executive Officer Linda Andry to its 10-member...
Credit Unions Face Increasing Healthcare Premium Costs
Pre-funded Employee Benefit Accounts can help Mitigate Rising Costs IOWA – As benefit renewal season approaches, employers face another year of escalating premium costs. Employee benefits like healthcare are critical for attracting and retaining a quality workforce...
Investors should keep an eye on inflation
The economy is booming. The Federal Reserve’s forecast for GDP growth for this year is now up to 7%. That would be the fastest growth since 1984. Incidentally, in 1984 the 10 year Treasury bond yield averaged 12.46%, today it is about 1.46%. Helping to fuel the...
Greater Iowa Credit Union and First Community Trust announce partnership to offer investment and retirement services
Greater Iowa Credit Union (GICU), based in Central Iowa, and First Community Trust, N.A. (FCT), based in Dubuque, announced a new partnership to offer trust services, investment management and retirement services to their members. FCT services include investment...
Three financial investment lessons from the COVID pandemic
Now that vaccines are plentiful and effective, the economy is emerging from the COVID-induced recession that began a little more than a year ago. As we reflect on the past year, we can identify a few trends that serve as financial lessons for the future. The...